MAKROOH COLLECTIVE COMMUNITY INTEREST COMPANY

Company limited by guarantee

Company Registration Number:
12352706 (England and Wales)

Unaudited statutory accounts for the year ended 31 December 2023

Period of accounts

Start date: 1 January 2023

End date: 31 December 2023

MAKROOH COLLECTIVE COMMUNITY INTEREST COMPANY

Contents of the Financial Statements

for the Period Ended 31 December 2023

Directors report
Balance sheet
Additional notes
Balance sheet notes
Community Interest Report

MAKROOH COLLECTIVE COMMUNITY INTEREST COMPANY

Directors' report period ended 31 December 2023

The directors present their report with the financial statements of the company for the period ended 31 December 2023

Principal activities of the company

Cultural education, Performing arts and Support activities to performing arts



Directors

The director shown below has held office during the whole of the period from
1 January 2023 to 31 December 2023

Mohammed Shazad Khalid


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
20 March 2024

And signed on behalf of the board by:
Name: Mohammed Shazad Khalid
Status: Director

MAKROOH COLLECTIVE COMMUNITY INTEREST COMPANY

Balance sheet

As at 31 December 2023

Notes 2023 2022


£

£
Current assets
Cash at bank and in hand: 1,778 4,816
Total current assets: 1,778 4,816
Creditors: amounts falling due within one year: 3 ( 5,139 ) ( 5,140 )
Net current assets (liabilities): (3,361) (324)
Total assets less current liabilities: (3,361) ( 324)
Total net assets (liabilities): (3,361) (324)
Members' funds
Profit and loss account: (3,361) ( 324)
Total members' funds: ( 3,361) (324)

The notes form part of these financial statements

MAKROOH COLLECTIVE COMMUNITY INTEREST COMPANY

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 20 March 2024
and signed on behalf of the board by:

Name: Mohammed Shazad Khalid
Status: Director

The notes form part of these financial statements

MAKROOH COLLECTIVE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Turnover policy

    Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

    Other accounting policies

    The financial statements have been prepared on a going concern basis. The company's ongoing activities are dependent upon the continued support of the director who has undertaken to provide such support for the foreseeable future. If the going concern basis were not appropriate, adjustments would have to be made to reduce the value of assets to their recoverable amount, to provide for any further liabilities that may arise and to reclassify fixed assets as current assets and long term liabilities as current liabilities.

MAKROOH COLLECTIVE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 0 3

MAKROOH COLLECTIVE COMMUNITY INTEREST COMPANY

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Creditors: amounts falling due within one year note

2023 2022
£ £
Other creditors 5,139 5,140
Total 5,139 5,140

COMMUNITY INTEREST ANNUAL REPORT

MAKROOH COLLECTIVE COMMUNITY INTEREST COMPANY

Company Number: 12352706 (England and Wales)

Year Ending: 31 December 2023

Company activities and impact

We run not for profit events platforming British Muslim artists and artists from marginalised communities. Our aims are to platform, develop and nurture artists, poets, comedians, playwrights and musicians working in the grey area of Islam, diasporic experience and other intersections of identity. Our events are generally sold out, which highlights the need and importance of providing these spaces for our communities, they give our audiences a sense of belonging and opens up a willingness to share from their own life experiences through our open mic segments. We headline 4/5 artists per event and pay each artist an equal fee.We invite the audience to partake in open mic and normally have a minimum of 10 people who take to the mic. We have a live band that supports all of the performers and open mic’ers throughout the night. We have filled out every venue we’ve hired in the past which highlight the need for these spaces. We ran our first event since the pandemic at Soho Theatre and sold out 150 seats. We have provided opportunity for showcasing and networking that have led on to collaborations on projects outside of our space

Consultation with stakeholders

Our stakeholders are British Muslim artists and artists from marginalised communities as well as the general public from these communities. As a British Muslim with a vast history in the arts and culture sector I am uniquely positioned to facilitate the development of this project. With the feedback garnered from our artists and audiences over the years I have been able develop a model that can provide the opportunities and profile that artists from our communities so desperately deserve. We have requested feedback from past events to make sure that we’re on the right track and addressing the needs of our stakeholders. Our social media presence has steadily increased and always see’s a boom post events when people are sharing videos and photographs from the night. Interest in future events always peak at this point. We continue dialogue with artists to make sure we can support their needs or connect them with the right people when we’re not in a position to do so.

Directors' remuneration

No remuneration was received

Transfer of assets

No transfer of assets other than for full consideration

This report was approved by the board of directors on
20 March 2024

And signed on behalf of the board by:
Name: Mohammed Shazad Khalid
Status: Director